DigiAsia Stock Price, News & Analysis

FAASW refers to warrants relating to DigiAsia Corp., a company that was listed on the Nasdaq Capital Market. According to the company’s SEC filings, DigiAsia Corp. chose to remove its securities, including its ordinary shares and warrants, from listing and registration on Nasdaq through a voluntary delisting process. The warrants represented the right to purchase ordinary shares of DigiAsia Corp. at a specified exercise price.

In a Form 25 (Notification of Removal from Listing and/or Registration Under Section 12(b) of the Securities Exchange Act of 1934), DigiAsia Corp. notified the market that its ordinary shares and warrants would be removed from listing and registration on the Nasdaq Capital Market. The filing states that the issuer relied on Rule 12d2-2(c), which covers voluntary withdrawal of a class of securities from listing and registration when the issuer has met the applicable requirements.

A related Form 6-K filed by DigiAsia Corp. explains that the company’s board of directors determined that it was in the best interests of the company and its shareholders to voluntarily delist its securities from Nasdaq. The filing notes that the company received a letter from The Nasdaq Stock Market confirming receipt of DigiAsia Corp.’s formal withdrawal from its appeal of a prior Nasdaq determination to delist the company’s securities.

The Form 6-K further states that trading of DigiAsia Corp.’s securities on the Nasdaq Capital Market was suspended as of September 19, 2025, and that the securities were expected to be officially delisted on or about October 2, 2025. The Form 25 filing is the formal step by which the securities, including the warrants associated with the FAASW symbol, are removed from listing and registration under Section 12(b) of the Securities Exchange Act of 1934.

Because the company pursued a voluntary delisting and withdrew its appeal of Nasdaq’s earlier delisting determination, the FAASW warrants are no longer listed on the Nasdaq Capital Market. Investors researching FAASW are therefore looking at a security that has been removed from that exchange, and any current or historical analysis must take into account the delisting and trading suspension described in DigiAsia Corp.’s SEC filings.

Trading status and regulatory context

The Form 6-K explains that Nasdaq had previously determined to delist DigiAsia Corp.’s securities, and that the company initially appealed that determination. The board later decided to voluntarily delist, and the company informed Nasdaq that it was withdrawing its appeal. Nasdaq acknowledged this withdrawal and proceeded with the delisting process in accordance with its rules and procedures.

The Form 25 confirms that DigiAsia Corp. believed it met all requirements for filing the notification of removal from listing and registration. The filing identifies the affected classes of securities as ordinary shares and warrants, each warrant being exercisable for one ordinary share at a specified exercise price. For investors, these filings provide the official regulatory record of how and when the securities associated with FAASW were removed from the Nasdaq Capital Market.

FAASW as a historical symbol

Given the suspension of trading and the expected delisting date described in the Form 6-K, FAASW should be viewed primarily as a historical symbol associated with DigiAsia Corp.’s warrants while the company’s securities were listed on Nasdaq. The SEC filings do not provide additional detail on the business operations, industry classification, or sector of DigiAsia Corp., so available public information from these documents focuses on listing status, regulatory procedures, and the mechanics of the delisting process rather than on operating activities.

Key points from SEC filings

• DigiAsia Corp. filed a Form 25 to remove its ordinary shares and warrants from listing and registration on the Nasdaq Capital Market under Section 12(b) of the Securities Exchange Act of 1934.
• The company relied on Rule 12d2-2(c), which covers voluntary withdrawal of a class of securities from listing and registration when the issuer has complied with the exchange’s rules and SEC requirements.
• A Form 6-K explains that the board of directors determined that voluntary delisting was in the best interests of the company and its shareholders.
• The Form 6-K notes that trading of the company’s securities on Nasdaq was suspended as of September 19, 2025, and that the securities were expected to be officially delisted on or about October 2, 2025.
• The company withdrew its appeal of Nasdaq’s earlier determination to delist its securities, and Nasdaq acknowledged this withdrawal and proceeded with the delisting process.

Because the available filings focus on listing and regulatory matters, investors using FAASW as a reference point will primarily find information about the delisting process, trading suspension, and the formal steps DigiAsia Corp. took to remove its securities from the Nasdaq Capital Market.